1955 Calebs Way #A4GreenportNY11944
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Greenport at 1955 Calebs Way #A4, Greenport, NY, 11944 uses $189,175 cash to close to unlock $13,087/yr annual cash flow and $1,091/mo monthly cash flow. Total monthly income runs $5,400/mo, and a $2,814/mo payment keeps the spread at $1,091/mo. Purchase price stands at $575,000, and rental yield measures 11.27% with $5,400/mo rent. Return on cash invested shows 26.98% in year one, and 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 142.45% and total cumulative return in cash records $269,483. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,400/mo property income covering a $2,814/mo payment rather than investor’s personal income.
Condo
Built in 1998
1,440 sqft lot
$N/A/sqft
$470 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11944, Greenport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,908 (100%) |
| Owner Occupied HU | 1,280 (44.0%) |
| Renter Occupied HU | 696 (23.9%) |
| Vacant Housing Units | 932 (32.0%) |
| Median Home Value | $843,820 |
| Average Home Value | $920,332 |
Housing Distribution
Address Breakdown
Residential
2,437
Single Family
2,220
Multi-Family
217
Businesses
340
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer A. Benton • Compass Greater NY LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #817798
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.